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1、LATEST UPDATES ON INVESTMENT INCENTIVES IN DA NANG HI-TECH PARK AND FREE TRADE ZONE,VIETNAMSPECIAL LEGAL UPDATEPrepared in collaboration with Da Nang Specific Economic Zones Authority Innovation Hub-Sustainable DevelopmentThe enactment of Law No.57/2024/QH15 and Decree No.19/2025/N-CP has rolled out

2、 the red carpet for investors with faster,simpler procedure and shorter timeline towards strategic investment into cutting-edge industries like hi-tech and innovation making Vietnam in general and Da Nang in particular one of the most favourable investment environments in Asia.In the implementation

3、of Resolution No.136/2024/QH15 issued by National Assembly of Vietnam,Da Nang is currently launching a Free Trade Zone the 1st management model ever in Vietnam with the state-of-art solutions in land access,tax incentives and customs barrier removal.The city is aiming to be the next technological hu

4、b in AI and semiconductors in Asia “a sweet deal”for investors looking for investment opportunities and expansion of supply chain.These regulatory advancements align Vietnam with global investment trends,enhance procedural clarity and operational speed for capital deployment.For Da Nang,the synergy

5、of national and regional policies creates a fertile ground for high-value projects,allowing it to capitalize on a market primed for growth.SPECIAL INVESTMENT PROCEDURES Law No.57/2024/QH15 dated November 29,2024(“Law 57/2024”)on the amendment and supplementation of the Law on Planning,the Law on Inv

6、estment,the Law on Investment under a Public-Private Partnership Model,and the Law on Bidding Decree No.19/2025/N-CP dated February 10,2025(“Decree 19/2025”)on Special Investment Procedure under the Law on InvestmentLaw 57/2024 introduces special simplified investment procedure for businesses involv